Part of a significant An Post site in Galway is to be transformed into a civic arts space, as part of a planned redevelopment project.

The company has announced that it is seeking bids to redevelop a 0.7 acre site it owns in the centre of the city.

The parcel of land includes the main post office on Eglington Street and a number of linked buildings backing onto William Street.

An Post has loaned the former sorting office to the Galway International Arts Festival over recent years.

The space has also been successfully repurposed for exhibitions by the Tulca visual arts festival.

Events like those led to calls from cultural organisations and local politicians that the site be handed over to the city, for use as a municipal multi use venue.

An Post says that under the terms of the plan announced today, a block of land will be opened up for development.

It plans to offer the site on a long lease to a successful applicant.

The company says the arts space will not be run by a private entity and will remain in its ownership.

Tenders are being sought for the refurbishment of the existing post office; the provision of that new civic space and associated works across the site.

"Premium rental bids" are being sought to redevelop the site and to upgrade the existing post office building.

Galway International Arts Festival has welcomed the announcement.

It says the provision of a dedicated space for cultural purposes is something the city has needed for a long time.